Riverfront Crossing Development
1020 South Gilbert Street Iowa City, IA 52240
For Sale
Contact for pricing
Development site in Riverfront Crossing District near downtown and university.
Lot Size0.55 Acres
Days on Market72
Property Features for 1020 South Gilbert Street
General Information
Standard status
Active
Lot size
0.55 Acres
Property subtype
Land
Listing Agency:
Lepic-Kroeger, REALTORS
Listed By:
Jeff Edberg · License #IA B33730000
Source:
Crexi
Added: May 18
Changed: Jul 10
Last Checked: Jul 28 at 8:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lepic-Kroeger, REALTORS
Investment Insights
Based on property information with market context.
This development site is located in the Riverfront Crossing District at 1020 Gilbert Street & 320 First Street, Iowa City. The property is a multi-housing development opportunity situated in the Riverfront Crossing District, which features form-based zoning incentives intended to encourage dense, mixed-use urban projects. The zoning supports a ground-floor commercial component, which may also incorporate building management or recreational amenities, with apartments or condominiums above rising to six to seven stories. The site consists of approximately 0.55 acres, offered at approximately $71 per square foot. A garage currently used by the owner occupies the property, allowing for immediate redevelopment with no tenant relocation concerns. An assemblage opportunity exists with the contiguous parcel to the north, creating a combined 1.13-acre development site. The property offers convenient access from the south via First Street and is ideally positioned near entertainment, dining, shopping, and public transportation, just minutes from downtown and the University of Iowa campus.
Key Highlights
- Prime multi‑housing development site in the highly desirable Riverfront Crossing District.
- Form‑based zoning incentives encourage dense, mixed‑use projects with ground‑floor commercial space and multi‑story residential units.
- Immediate redevelopment opportunity with no tenant relocation needed.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Development site in Riverfront Crossing District near downtown and university.
Where is this commercial land located?
The property is located at 1020 South Gilbert Street Iowa City, IA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime multi‑housing development site in the highly desirable Riverfront Crossing District.; Form‑based zoning incentives encourage dense, mixed‑use projects with ground‑floor commercial space and multi‑story residential units.; Immediate redevelopment opportunity with no tenant relocation needed.
